Offer Update

AIM VCT2 PLC
28 February 2006

TO: LONDON STOCK EXCHANGE, COMPANY ANNOUNCEMENTS



FROM:         AiM VCT2 plc



DATE:         28 February 2006



SUBJECT:      Offer for Subscription





'C' Share Issue





The Board of AiM VCT2 plc is pleased to announce that applications have been
received in respect of 75,657 'C' shares at 100p per 'C' share which have been
issued on 28 February 2006.  Trading in these 'C' shares is expected to commence
on 1 March 2006 at 8.00am.



This brings the total number of 'C' shares in issue to 225,270.





Robert Mitchell, Bluehone Investors LLP:             020 7496 8929

Rhonda Nicoll, F&C Asset Management plc:             0131 465 1074




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